Confessions of a Hoosier Democrat

Blogging Indiana Politics and the 2008 Presidential Race.

Wednesday, February 22, 2006

Sen Bayh takes a leadership role in the Ports Sale Debate

As usual Sen Bayh has stepped up and taken a leadership role in the Ports Sale debate...

"We have to stop outsourcing our homeland security," Bayh, D-Ind., said in a statement issued by his office.

"The Dubai takeover is a symptom of a much larger problem. Again and again, the current system for overseeing foreign takeovers has undermined our national security interests by rubber stamping deals like this one."

Bayh's release said his legislation would ensure that "national security takes priority in all future business deals, whether they involve port security or any other homeland security concern."

The senator's proposal would require the Director of National Intelligence, rather than the Committee on Foreign Investment in the United States (CFIUS), to approve sales.

A 2005 Government Accountability Office report requested by Bayh and two other senators found that CFIUS uses such a narrow definition of national security that it approves too many questionable takeovers without sufficient review, Bayh's office reported.

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